Fundraising & Development Update

This Week At Mobie

First, a Quick Update: As a result of some last-minute scheduling conflicts, the Mobie March AMA was moved from last Wednesday to This Wednesday. We apologize for any inconvenience and are excited to see you all on Wednesday!

If you have not already registered for the AMA, please do so here

Fundraising for Mobie!

Mobie Payments, Inc has filed its Form D to begin the capital raise process on the heels of our domestic App launch. As Mobie continues to navigate the ever-changing payments landscape and develop new IP, this fundraising round will provide fuel for the fire to continue the mass proliferation of the Mobie App and continue to support the innovations across the board.

We are excited to welcome new strategic partners to Mobie through this fundraising process and will share more information as the time is right.

Development Update

With some relocations and turnover on our development team, we experienced some delays over the past few weeks on the front-end redesign of our user onboarding flow. This redesign is a critical component for streamlining the onboarding process and opens the door for our international expansion. We are expecting the front-end development to catch up to back-end systems over the next two weeks and will continue to provide updates on that front as well.

App Traction

Over the past month, we have seen a 30% increase in app sessions from the previous month, which means people are using the app more frequently than before. These are the habit-forming statistics that make us super excited! Additionally, we saw a massive lift in downloads last month due to our paid media campaigns across social media and the app store! We will be sharing more specifics about the paid media metrics in Wednesday’s AMA and talking about our plan for March paid media and beyond.

As always, please reach out to support@mobie.io with any questions.

-The Mobie Team